Ripple Brings RLUSD Stablecoin to Türkiye Through New Partnerships

Highlights:

• Ripple expanded RLUSD into Türkiye through new partnerships with BiLira, Bitexen, and Bitlo.
• Turkish institutions can now access Ripple’s U.S. dollar-backed stablecoin through local crypto platforms.
• Ripple also partnered with Istanbul Technical University to support blockchain research and XRP Ledger development.

Ripple has expanded its U.S. dollar-backed stablecoin, RLUSD, into Türkiye through new partnerships with BiLira, Bitexen, and Bitlo. The company announced the move on Tuesday, saying Turkish institutions can now access RLUSD through these local digital asset platforms.

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Ripple said RLUSD has seen strong institutional demand since its launch. The company added that the stablecoin has reached a market capitalization of $1.7 billion. This shows growing demand for regulated digital dollars among businesses and financial institutions.

$RLUSD is now available in Türkiye through three new partners: @BiLira_Kripto, @Bitexencom and @Bitlocom: https://t.co/poq4dUbYF4

This is the latest step in a global expansion that has taken RLUSD from launch to a $1.7bn+ market cap in under a year.

The demand for regulated,…

— Ripple (@Ripple) June 2, 2026

Ripple Expands RLUSD Access in Türkiye

The new partnerships give institutions in Türkiye another way to use a dollar-backed stablecoin within the local crypto market. Ripple said Türkiye is one of the strongest digital asset markets in the Middle East and North Africa region. The company also said the country handles nearly $200 billion in annual crypto transaction volume.

Jack McDonald, Senior Vice President of Stablecoins at Ripple, said RLUSD is gaining strong use in financial markets. He said, “RLUSD has rapidly gained traction in financial use cases, serving as a vital bridge for payments, tokenization, and collateral management.”

He added that Türkiye is an important market for Ripple’s stablecoin growth. According to McDonald, “launching in Türkiye represents a milestone in our expansion.” He also said Türkiye connects traditional finance with the digital economy and has one of the world’s highest crypto adoption rates. Ripple said RLUSD can help Turkish businesses access global liquidity. 

BiLira, Bitexen, and Bitlo Support RLUSD

BiLira, Bitexen, and Bitlo will help bring RLUSD to users and institutions in Türkiye. Each company already works in the local digital asset market.

BiLira said its partnership with Ripple supports its goal of connecting traditional finance with digital assets. Sinan Koç, Co-Founder of BiLira, said the partnership is based on “regulatory integrity.” He also said RLUSD can help speed up blockchain adoption in Türkiye.

Bitexen said it will introduce RLUSD to users in Türkiye as part of a wider rollout across the Bitexen Global platform. Alphan Göğüş, CEO at Bitexen MENA, said supporting RLUSD fits the company’s plan to offer trusted U.S. dollar-denominated digital instruments in a compliant structure.

Bitlo also welcomed the move. Mustafa Alpay, CEO at Bitlo, said users are looking for secure digital tools to manage wealth and protect against volatility. He said RLUSD gives customers access to a regulated, enterprise-grade stablecoin.

Ripple Also Adds ITU as Blockchain Research Partner

Along with the RLUSD expansion, Ripple also announced a new partnership with Istanbul Technical University under its University Blockchain Research Initiative. Ripple said the partnership will support advanced research, graduate fellowships, and an XRP Ledger validator on the university’s campus.

Ripple said RLUSD is already available through several global platforms, including Binance, Bitso, Bitstamp, Gemini, Kraken, LMAX, Bybit, and OKX. The Türkiye launch now adds more local access for institutions in a market where crypto adoption remains high. Earlier, Ripple also expanded access to RLUSD on OKX, allowing users to trade the stablecoin across more than 280 trading pairs and use it as collateral in select derivatives markets.

$RLUSD is now on @OKX, one of the world's leading exchanges.

Starting today, users can trade across 280+ RLUSD pairs, use $RLUSD as collateral, and access full XRPL deposit and withdrawal support.

We sat down with @jasonklau to discuss what this milestone means for stablecoin… pic.twitter.com/ApQVmEwfMe

— Ripple (@Ripple) April 29, 2026

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